“Electric utilities will prepare more energetically for the grid of the future following Thursday’s Public Service Commission order requiring them to begin incorporating the state’s ambitious renewable electricity and emissions reduction goals into their planning. During a conference call meeting, the PSC approved an order that requires the state’s investor-owned electric utilities to submit initial plans with potential projects to support the interconnection of new renewables by Nov. 1. It also requires them to offer a comprehensive planning process for how to account for the state’s renewable goals in future capital planning by Oct. 5. “This really begins the process of turning legislative goals into reality,” said Public Service Commissioner John Howard during the meeting. “This is by no means going to be easy and we should be as cautious, particular with people’s pocket books, as possible. … This rebuilding of the grid and of the bulk transmission system could be enormously expensive — it probably will be enormously expensive.””
Politico Daily email update on energy
French, Marie. Politico 15 May 2020.